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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2025.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Countertrend Down (-85) - GBPMUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
57.349203 57.375747 57.043385 57.102247 -0.246956
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 58.665241

intermediate term down The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 58.521486

short term up The short-term trend has been UP since Jan 14th, 2025 at 57.657701

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.349203 57.375747 57.043385 57.102247 -0.246956
Prev. Close Volume Bid Ask Time
57.349203 2025-01-17 11:13:17
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